Want to buy your own gas station?

**osprey4** · June 12th, 2008, 07:02 PM

ExxonMobile is selling all 2,240 gas stations they own or lease, citing poor profits.

"The fuels marketing sector is a very challenging market," ExxonMobil spokesperson Prem Nair said, adding that the company is feeling particular pressure from hypermarkets like Wal-Mart that sell gasoline.

What could be more fun than owning your own gas station?!

**Undeadlord** · June 12th, 2008, 08:07 PM

This one line even without the story cracks me up! The nerve of these companies!!

ExxonMobile is selling all 2,240 gas stations they own or lease, citing poor profits.

Undeadlord

**pickel** · June 12th, 2008, 08:29 PM

Originally Posted by Undeadlord

This one line even without the story cracks me up! The nerve of these companies!!

Undeadlord

After not being able to charge off these non-profit stations ( even after Trickie Dickie pencil whipping ), I'm sure they LOST ,at least, a couple of Billion they couldn't hide and stash. Talk about NADS

**#43 fan** · June 12th, 2008, 10:08 PM

Exxon Mobile doesn't make their money from the gas station, it mostly comes from the oil they sell (Mobil 1), and other oil. Not to mention other energy sources.

**RayH** · June 14th, 2008, 01:24 PM

There are a lot of expenses in running a station. They'll have the station owners by the yang yang under terrible contracts.

**no1_vern** · June 14th, 2008, 01:30 PM

UM - Exxon Dumping Retail Gas Stations

The answer is no, that would put too much of my assets into one basket. I prefer to buy stocks/bonds that are provide better return, and are usually much safer than putting my money into a single business.